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Income inequality, mobility and the accumulation of capital

García-Peñalosa, Cecilia; Turnovsky, Stephen J. - 2013

We examine the determinants of income mobility and inequality in a Ramsey model with elastic labor supply and … relationship between mobility and inequality is complex. For example, a reduction in the interest rate and an increase in the wage … rate reduce capital income inequality and allow upward mobility of the ability-rich. However, the increase in the labor …

Persistent link: https://www.econbiz.de/10010227190

Does a wealth tax improve equality of opportunity?

Berg, Kristoffer; Hebous, Shafik - 2021

Does parental wealth inequality impact next generation labor income inequality? And does a tax on parental wealth …

Persistent link: https://www.econbiz.de/10012597127

Does money change who you are? Quasi-experimental evidence on the effects of wage increases on personality

Ayaita, Adam - 2022

Using the 2015 introduction of a statutory minimum wage in Germany as a quasi-experiment, I investigate the effects of wage increases on personality. The degree to which each worker's wage is intended to be affected by the reform is used as an instrument for the relative increase in the worker's...

Persistent link: https://www.econbiz.de/10013347613

Does the choice of well-being measure matter empirically? An illustration with German data

Decancq, Koen; Neumann, Dirk - 2014

We discuss and compare five measures of individual well-being, namely income, an objective composite well-being index, a measure of subjective well-being, equivalent income, and a well-being measure based on the von Neumann-Morgenstern utilities of the individuals. After examining the...

Persistent link: https://www.econbiz.de/10010464358

Political ideology and the intragenerational prospect of upward mobility

Laméris, Maite D.; Garretsen, Harry; Jong-A-Pin, Richard - 2018

We examine the effect of prospects of upward mobility (POUM) on the support for redistribution in an intragenerational context. In this context, existing literature so far fails to consider the potential indirect channel via political ideology through which mobility expectations affect...

Persistent link: https://www.econbiz.de/10011822779

Income misperception and populism

Albers, Thilo N. H.; Kersting, Felix; Kosse, Fabian - 2022

We propose that false beliefs about the own current economic status are an important factor for explaining populist attitudes. Along with the subjects’ receptiveness to right-wing populism, we elicit their perceived relative income positions in a representative survey of German households. We...

Persistent link: https://www.econbiz.de/10013440316

How does exposure to Covid-19 influence health and income inequality aversion?

Asaria, Miqdad; Costa-Font, Joan; Cowell, Frank A. - 2021

We study the determinants of individual aversion to health and income inequality in three European countries and the … population in each country. Comparing levels of health- and income-inequality aversion in the UK between the years 2016 and 2020 … we find a significant increase in inequality aversion in both income and health domains. Inequality aversion is higher in …

Persistent link: https://www.econbiz.de/10012603145

Incorporating inequality aversion in health-care priority setting

Costa-Font, Joan; Cowell, Frank A. - 2019

Although measures of sensitivity to inequality are important in judging the welfare effects of health-care programmes … overview of the literature on the measurement of inequality aversion, examines some of the features specific of the health … find evidence that individuals exhibit a preference for more equitable health distribution, but inequality aversion …

Persistent link: https://www.econbiz.de/10011966917

Dynamics of income rank volatility: Evidence from Germany and the US

Chauvel, Louis; Hartung, Anne; Palmisano, Flaviana - 2017

This paper presents a methodology for comparing income rank volatility profiles over time and across distributions. While most of the existing measures are affected by changes in marginal distributions, this paper proposes a framework that is based on individuals' relative positions in the...

Persistent link: https://www.econbiz.de/10011748468

Income changes do not influence political participation: Evidence from comparative panel data

Jungkunz, Sebastian; Marx, Paul - 2021

latent-growth-curve modeling based on household panels show that participatory inequality by parental income is already large … research on (political) inequality in youth and childhood. …

Persistent link: https://www.econbiz.de/10012549992